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20130114
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Search Results 0 to 37 of about 38 (some duplicates have been removed)
MSNBC
Jan 14, 2013 8:00am PST
continues to battle with congress in terms of fiscal issues and the debt ceiling. just a matter of minutes ago actually dan pfeiffer, one of the top aides to the t president put out a note that politico breaux this morning where they said that house republicans were considering, among other things, default or possibly a government shutdown. some of the dramatic steps that the republicans of the house are considering. pfeiffer referred to that specifically today saying just another reason -- just one more way that house republicans could make themselves even less popular than they already are right now. we have a pretty good sense of what we're going to hear the president say when it comes to the debt ceiling and fiscal issues. jay carney sort of telegraphed these statements during the briefings last week, the last one was on wednesday where he said, and i pulled up the notes to get it right. he said there are only two options to deal with the debt limit. congress can pay its bill or fail to act and put the nation into default. the line in the sand was clearly drawn during those news confer
CNN
Jan 14, 2013 8:00am PST
raidsing the nation's debt ceiling, but you know the reporters are going to ask questions on those two issues that you just raised. let's just quickly talk about both of these. you're here in washington to talk about the -- you may well remember president obama trieded it, he had ted kennedy on his side, he had mccain on his side, it didn't go anywhere. what do you think if the president tries to push for comprehensive immigration reform including a pathway to citizenship for so many of the ten, 10 million illegal immigrations from -- >> they lost about 71% of the latino vote, 74% of the asian vote. the vast majority of people in the country in poll after poll after poll including your own say that people want comprehensive immigration reform that provides a pathway for citizenship. i saw john mccain yesterday on face the nation and i can tell you that we were in the room together, he's working with some eight senators, he believes that we're on the path to get comprehensive immigration reform and i think that both parties would be -- would do well by the american people if they did that and i thi
MSNBC
Jan 14, 2013 12:00pm PST
, the president had to try to explain this issue of the debt ceiling and what i think you will see were digestible terms. take a listen. >> this is not a complicated concept. you don't go out to dinner and then, you know, eat all you want and then leave without paying the check. if congress wants to have a debate about maybe we shouldn't go out to dinner next time, maybe we should go to a more modest restaurant, that's fine. >> reporter: he tried to make it very clear that raising the debt ceiling does not automatically authorize future spending. he said he's more than glad to have a balanced approach going to deficit reduction talks in the future but he said that can only happen after the debt ceiling is pushed up by congress. obviously, referring to those republicans in congress that he believes have been obstructing that and what's interesting is one of the first tweets from the press secretary jay carney's twitter account after the news conference is following, basically placing blame on republicans, if people start to stop receiving checks, if we default on the debt ceiling or
FOX Business
Jan 13, 2013 10:00pm EST
ceiling issue, which is the one now looming in congress, we saved 2,000 pointsof the stock market. it did not last, thankfully, but it was scary. it may allow the peopleuneasy. we will -- will leave be in for the same type of problem if we get right up to that deadline and no agreement? >> yes. yes. and that is why we are all annoyed and hopeful that congress will learn a lesson and not do a test again because all they're doing getting in our way causing a lot of banks and warrior necessarily for the american public and investors or a wide. gerri: a broader question. you're a smart guy and you watch all this stuff. one of the things the we're waiting for, listening tour, s&p, moody's, downgrade are dead again, what will happen? we will be the ramifications? how will that hit individual investor portfolios? >> there is a risk that traditionly when they're is a downgrade of a bond rating the value of the bond goes down as well, which means if you own u.s. government securities you're going to suffer a loss of value. that did not really happened in the s&p not just out from aaa last
FOX News
Jan 14, 2013 1:00pm PST
dealing with the core issue. the core issue is what the congress agrees to spend. all the debt ceiling is paying our bills. the cow is out of barn. let's allow us to let any business would do which is pay your bills. >> neil: why is wall street not worried about this. all your worries were trumpeted, why is the street not worried? >> i think we have learned to live in this environment. the reality is we have accepted what appears to be kick the can down the street politics. >> neil: what would you and your fellow ceos do and have a credible debt fix, you probably would have a heart attack, but what would you do? >> it would allow us to feel more secure where we're going. we need to know the rules of the game. that is what we're asking for. i think we as citizens and not business people first. the reality is we know the problems, debt and immigration and reality as a nation when we compete against nation states, how are we going to compete if we can't solve these problems? the issue is not the debt ceiling. the issue is the fundamental core problems of the country and the inability of our
CNN
Jan 14, 2013 9:00am PST
about the debate over the debt ceiling, how it affects the overall economy. our georgia tech economics professor, danny boston joining us. danny, you and i were listening to the news conference here. obviously, this is a very important issue. and the president, he is not backing down. he says it is not negotiable here. what is the problem? what would happen if, in fact, they don't come to some sort of an agreement? >> the consequences are really enormous. and they are beyond, simply, the fact that we will default and not be able to, of course, pay our debt and have a downgrade of credit ratings. >> sure. >> that's the short-term consequences, which will be significant, but the longer term consequences relate to where will we be as a nation. because the first time we had these problems, we kind of struggled through them in a mesmes messy way. the second time, the rest of the world would have the opinion that we're not capable of seriously dealing with these issues. so it affects, where will we be necessary terms of a world leadership, as an economy, whether the rest of the world will continue to use the dollar as a reserve economy. where will wall street be in terms of his leadership? so it really, in the long run perspective,
CBS
Jan 14, 2013 7:00am PST
the first one ended, with a battle over the budget and raising the debt ceiling. so the federal government can borrow money that it needs to pay its bills. the deadline for that is coming up late next month. another issue sure to be raised today is gun violence. vice president biden was assigned to come up with recommendations for cushing gun violence after the deadly school shooting in connecticut. he will be delivering those recommendations to the president tomorrow. right now, our chief white house correspondent, major garrett is in the east room as we await the president. major, what do you expect? >> scott the president will open up with remarks about three to five minutes about the debt ceiling. it's an issue that's been with the president throughout his presidency. he's worked with congress four times to raise it the first time with the stimulus law in 2009, but this time, the president said he has no intention of negotiating with republicans in congress about whether to raise the debt ceiling, saying it's their obligation, not his. another issue clearly to come up will be gun violence. the vice president, joe biden, presents his recommendations based on his task force meetings with the president tom
CNBC
Jan 14, 2013 3:00pm EST
investors should handle the noise out of washington on the debt ceiling issue. >>> then the ceo of the company that owns the stock exchange. up next with jeffrey sprecher. he will join me exclusively. >>> also facebook has been red hot lately. tomorrow there's a big announcement. could it disappoint or ignite a bigger rally for the stock? coming up. [ male announcer ] you're not the type of person who sets goals and only hopes to achieve them. so you'll be happy to know that when it comes to your investment goals, northern trust uses award-winning expertise to lead you through an interactive investment process. adding precision to your portfolio construction by directly matching your assets and your risk preferences against your unique life goals. we call it goals driven investing. your life has a sense of purpose. shouldn't your investments? ♪ expertise matters. find it at northern trust. office superstore ink retailer in america. now get $6 back in staples rewards for every ink cartridge you recycle when you spend $50 on hp ink. staples. that was easy. >>> welcome back. we're follo
FOX News
Jan 14, 2013 8:00am PST
nation's debt ceiling. they intend to do it this time. heather? heather: a lot going on in washington. we hear rumors the president may address the issue of immigration reform. that may be one of the top priorities of his administration. is he expected to talk about that? >> reporter: perhaps but even before that the president is likely to be asked about efforts to curb the nation's gun violence with vice president biden set to give recommendations to the president as early as tomorrow. he has been looking at the issue. now, the president favors a ban on assault weapons, a ban on high capacity magazines. the national rifle association says he doesn't have the votes to force that. all this of course in the wake of the shooting at the school in connecticut that cost the lives of 20 children in addition to six adults. he will also be asked about reshuffling his cabinet. his election of chuck hagel as defense secretary, moderate senator from nebraska, drawing fire mainly from republicans. all but negating the president's attempt to reach across the aisle. hagel has been criticized for his criticism what he calls the jewish lobby which he says
ABC
Jan 14, 2013 7:00am PST
diane, the president will lay down a very strong marker on that issue of the debt ceiling. will it hit of how much it can borrow. the president says that congress must raise it. he will not negotiate. it's their responsibility. that puts the president squarely at odds with the president. they'll demand spending cuts before raising that ceiling. the president will not engage in negotiates, period. it's simply congress's responsibility to act. >> he's ruled out any unilateral work-around. >>> an element of here we go again. >> it certainly does. so many times, back in august 2011, again, just before the end of this year, the president in pa major confrontation with congress over fiscal issues, taxes and spending and debt. >> you're looking at the door slightly ajarred to the green room, right next to the east room, and the president has been gathering there, we noticed that he postponed this press conference a couple of times this morning. a few delays. >> supposed to be around 11:15. we're almost half-hour after that. not quite. the president could face questions about personnel in
FOX Business
Jan 14, 2013 11:00am EST
really talk about anything here. the debt ceiling is something that he will lead with. you should expect to hear a number of different issues. gun control will be one of them. fiscal issues did not know away. i think that and deficits will be a major part of what you hear from the president. connell: dagen had a good question earlier, why a formal news conference now? >> i think he is trying to put maximum pressure on the republicans to negotiate. i think the republicans are in disarray. when your opponent is weak, go for the kill. dagen: third-graders compromise would be on guns. we want to introduce the president of the united states. >> good morning. i thought it would make sense to take some questions this week as my first term comes to an end. it has been a busy and productive for years. i expect that same thing for the next four years. right now, our economy is growing and our businesses are creating jobs. we are poised for a good year, if we make smart decisions and sound investments. as long as washington politics do not get in the way of america's progress. as i said on the campaign, one component to growing our economy
CNN
Jan 14, 2013 4:00am PST
way. we've got a debt ceiling issue that the president's going to have to deal with. there are a lot of other issues the president's going to have to deal with, immigration reform. i think the president's going to have to spend time on this whether he wants to or not. >> connie mack, nice to see you. >> nice to see you. >> please tell your lovely wife we're sorry she lost all her luggage and was stuck at the airport. >> love you, honey. >> we'll get back to john berman with a look at some of the other stories ahead this morning. >>> we'll be talking about the golden globes. ben affleck didn't get nominated for an oscar, but his surprise win at the globes may be vindication. we'll have that, the other surprises, and the big snubs in a live report. >>> he's known for his role on "breaking bad," but actor steven michael casada has a new role to play, local school board member. you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others
MSNBC
Jan 14, 2013 10:00am PST
debt ceiling. >> the issue here is whether or not america pays its bills. we are not a deadbeat nation. >> taking a stand on the one-month anniversary of the newtown massacre. the families speak out. >> this is a promise to turn the conversation into actions. things must change. this is the time. this is a promise we make to our precious children because each child, every human life, is filled with promise, and though we continue to be filled with unbearable pain, we choose love, belief, and hope instead of anger. >> calling them out. tough words from former secretary of state general colin powell for his fellow republicans on race. >> there's also a dark vein of intolerance many some parts of the party. >> the end of the longest war and the man president obama has nominated to wind it down coming up. retired general stanley mcchrystal on chuck hagel. the exit strategy from afghanistan and his own career. >>> plus, show stopper. president clinton he should the standing ovation with his surprise appearance on "lincoln" at the golden globes. >> in "lincoln" we see a man more interesting
MSNBC
Jan 14, 2013 9:00am PST
range of issues, including the looming debt ceiling crisis. >> raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills, and we are not a deadbeat nation. what i will not do is have that negotiation with a gun at the head of the american people. the financial well being of the american people is not leveraged to be used. the full faith and credit of the united states of america is not a bargaining chip. >> joining me on the panel today, author and host of studio 360, curt anderson, the hills amy parns, msnbc contributor, former chief economic advisor for vice president bide sxen senior fellow at the center of budget and policy priorities, and henry kurtzburg, and joining us is peter alexander from the white house. do we have you there? we do. we had heard during the fiscal cliff/slope debate the president was not prepared to relitigate battles over the debt ceiling. he did not get that as part of the package at the end of the year, but this press conference should leave no doubt in anyone's minds. the president does not want
CNBC
Jan 14, 2013 9:00am EST
have been talking about to avoid the debt ceiling are off the table. the administration in one form or another over the past several weeks has rejected the platinum coin idea. that was on saturday. scrips or ious issued by the government. and asset sales, which is another thing that's been making the rounds. jay carney on saturday saying there are only two options for putting the nation into default. others say the ideas put off the debt ceiling problem, or make the country look like a banana republic. some house republicans are seriously considering putting the nation into default. po lit ohco in a story this morning said default is becoming more widespread and getting more serious traction than people realize. kathy mcmorris rogers telling politico i think it's possible we would should down the government to make president obama understands that we are serious. she said there is no more road to kick the can down when it comes to spending cuts. meanwhile, the federal reserve would not comment on what they would do if there's an order from the treasury to make a payment, but there is no money in the treasury's bank account. previous debt ceiling debates, treasury and the fed work together to come up wit
MSNBC
Jan 14, 2013 1:00pm PST
crisis. >> the president warned republicans to act responsibly on the debt ceiling or risk sending the nation through another economic crisis. but it was on the issue of gun violence that the president most vigorously demanded that congress act on its conscience, exactly one month after the tragedy at sandy hook. >> my starting point is to focus on what makes sense, what works. if, in fact, and i believe this is true, everybody across party lines was as deeply moved and saddened as i was by what happened in newtown, then we're going to have to vote based on what we think is best. >> but, unfortunately, that may be some wishful thinking. as the president admitted to facing forceful opposition that may not have our children's best interests at heart. >> those who oppose any common sense gun control or gun safety measures have a pretty effective way of ginning up fear. somehow the federal government's about to take all your guns away. there's probably an economic element to that. it obviously is good for business. >> indeed. seizing on word that the president may take action through executive order, gun sales are going gangbusters. "the new york times" r
CNN
Jan 14, 2013 11:00am PST
control the senate, they say no way, sir. and so you have this fight over the debt ceiling, but it is about bigger issues. the debt ceiling has nothing to do with immigration reform, nothing to do with the proposals on gun control, nothing to do with anything else the president might want to do in his second term, but guess what, it does affect the climate in washington. and the fact that he does not have a more trusting, even a private back channel relationship with the key republican leaders is one of the -- one of the reasons and they had responsibility too, i'm not putting it all on the president it a washington crisis if you will, a trust deficit. it is one of the reasons -- >> mitch mcconnell talking. >> so you have to have the vice president go to the senate republican leader, two guys -- they're not best of friends. trust me. i know them both. they're not best of friends. they do trust each other. mitch mcconnell knows if joe biden gives him his word, it is good. we need more of that in washington, not less. >> let me ask you, since i have you, something else the president mentioned, asked, of course,
NBC
Jan 14, 2013 12:30am PST
, in washington. the debt ceiling fight that's on the horizon. is this going to impact the broad economy in the earning season, do you think? >> i guess this whole political thing is these are all the bricks in the wall of worry that equity markets are continuing to climb. you know, we know how to talk about these things, they're out there, in the media a lot. we follow them sometimes like a sport. maybe we exaggerate a little bit how much these political match nations, i don't want to minimize them but i think sometimes we miss the point that there are really good companies out there who figured out how to make really good money with all of this political noise going on. >> and yet, greg, so many potholes ahead. you know we're going to see a lot of back and forth over raising the debt ceiling, sequestration is still on the horizon now. less than two months away. the continuing resolution. i want you to take a listen to the president's spokesperson this week on the debt ceiling and get your reaction to that. >> sure. >> he will not negotiate with congress when it comes to the ess
NBC
Jan 14, 2013 7:00am PST
, to consider some sort of executive action on this debt ceiling issue. i know you've said you're not negotiating and your administration has ruled out the various ideas that were out there, the 14th amendment, but just this morning one of the house members asked you to use the 14th amendment and said sometimes that's what it takes. he brought up the proclamation and he compared the debt ceiling to that. so are you considering a plan b? and if not, why not? >> well, chuck, the issue here is whether or not america pays its bills. we are not a deadbeat nation. and so there is a very simple solution to this. congress authorizes us to pay our bills. now, if the house and the senate want to give me the authority so that they don't have to take these tough votes, if they want to put the responsibility on me to raise the debt ceiling, i'm happy to take it. mitch mcconnell, the republican leader in the senate, had a proposal like that last year, and i'm happy to accept it. but if they want to keep this responsibility, then they need to go ahead and get it done. and there are no magic tricks h
MSNBC
Jan 14, 2013 11:00am PST
protracted battle over the debt ceiling at all. it wasn't a big issue. i was covering politics for nbc at the time. the debt ceiling increase was seen as a procedure and a very partisan vote then but not something you were reporting on for weeks and months like we have in 2011 then and now on the debt ceiling debate and, of course, what happened in 2011 was a loss to the nation's credit rating. there's big differences between 2006 and now. >> and also, to factor in with the differences you pointed out is how much the president has offered in negotiations. as far as cutting spending, not as if it's been a zero sum game from the white house regarding the nation's spending problem and an acknowledgment of that. >> one of the messages president obama is trying to get across today how much is cut in spending, whether it was in that 2011 debt ceiling agreement in the budget control act, whether it was also the revenue that was increased with the end of the fiscal cliff talks that we had right at the beginning of the new year, tamron. so, president obama said, look, we have really cut a l
FOX News
Jan 14, 2013 10:00am PST
president on his own track record on this issue. >> as you well know, sir, finding votes for the debt ceiling can sometimes be complicated, you yourself as a member of the senate voted against the debt ceiling increase, and in previous aspects of american history, president reagan in 1985, president george herbert walker bush, and president clinton, deals contingent upon raising the debt ceiling and you yourself, related to debt or budget related maneuvers. and what many people are curious about the new adamant desire on your part not to negotiate that seems to conflict with the entire hire in the modern era of the presidents and the debt ceiling and your own debt ceiling and doesn't it suggest we're going into a default situation because no one is talking to each other about this. >> no, major, i think if you look at the history. getting votes for the debt ceiling is difficult and votes in in town are difficult. i went through this last year. what is different we never saw a situation like we saw last year in which certain groups in congress took such an absolutist position that we c
PBS
Jan 14, 2013 3:00pm PST
the debt ceiling are real but so too are the consequences of allowing our spending problem to go unresolved. the spending and debt issues took most of the president's attention today, but he also turned to the issue of gun violence. after the shootings at an elementary school in newtown connecticut, he appointed vice president biden to come up with recommendations for action. the vice president met with lawmakers today and with groups on both sides of the issue last week. plans to submit proposals by tomorrow. president obama would not discuss specifics today. instead he said this. >> i'm confident that there are some steps that we can take that don't require legislation and that are within my authority as president. and where you get a step that has the opportunity to reduce the possibility of gun violence, then i want to go ahead and take it. >> brown: he conceded that a fight in congress is likely but he hopes that some compromise is is possible. >> the issue here is not whether or not we believe in the second amendment. the issue is are there some sensible steps that we can take to make sure that somebody like the indivi
CNBC
Jan 14, 2013 5:00pm EST
there. let's deal with the issue of raising the debt ceiling, which is the pomeresponsibility of congress. >> steve, thank you. >>> facebook is holding an event tomorrow, inviting people to see what they're building. jillian boarson has a preview. >> well, melissa, facebook has been keeping this event very much under wraps, but i don't think the announcement is about a new phone, i think it likely has something to do with mobile, considering the priority that has been put on making money from growing mobile users. it could be about a social search engine, though rbc warns that search would take a long time to pay off for facebook. >> search could be disruptive to google if facebook were to make a major play there. i think it's very unlikely that facebook would have any material success in search, you know, in a three-year period. >> he speculated that the announcement could involve a physical building, so, the company certainly has everyone guessing. now, facebook's mystery announcement comes on the heels of a slew of positive analyst reports. just today, they were upgraded from
FOX Business
Jan 13, 2013 11:00pm EST
will issue the city of the union address on february 12th just days before the debt ceiling limit. not every politician is as gifted speaker but hit kim cooper fumbled his state of the state address yesterday. >> working together we can punch holes -- if jesus. [laughter] it is the crescendo working together, we can punch some pretty vague goals in the darkness. god bless colorado. lori: a great sense of colorado. he got a great laugh. and not just the old boys' club with a critical article with this picture the president meeting with 10 mail advisers but the white house put it this bichir the next day president obama with three female advisers. if you are still outraged now it is president obama with three advisers female and three advisers mail trying to call for more diversity. if you are an adrenaline junkie not afraid of snakes before the fish and wildlife conservation commission kicks off the python challenge tomorrow for anyone who wants to hunt down the burmese python as an effort to rid the state of 150,000 non native price since one negative pythons there is every board
CBS
Jan 14, 2013 6:00am PST
the upcoming fiscal deadlines like that debt ceiling. >>> a special public hearing is scheduled tonight in san mateo on the fate of a new 7-eleven store. the store opened weeks ago in a vacant building. neighbors were upset when a special permit was grand changing the zoning from residential to business. the city planning commission has recommended the store be shut down. city council will vote tonight at 6:00. >>> a pizza chain has settled a complaint with san francisco that it did not follow the city's healthcare law. the chicago pizza shop will spend $320,000 some of that about $200,000 going to current and former employees who were eligible for healthcare benefits but did not get any. a city investigation discovered the chain charged customers a surcharge without using the money for healthcare as required. >>> over time taking a bite out of the muni budget in san francisco. 22 of the biggest overtime earners in the city last year were actually muni employees. they racked up a total of $18 million in overtime. according to the "chronicle," 10 muni supervisors made more than $
CBS
Jan 14, 2013 12:00pm PST
are demanding significant spending cuts in exchange for any agreement to raise the debt ceiling. in a statement, senate minority leader mitch mcconnell says the debted limit is the time to get on reducing spending. gun control is also an issue. >> responsible gun owners, people who have a gun for protection, for hunting, for sportsmanship, uhm, they don't have anything to worry about. >> reporter: the national rifle association has already made clear, it has enough support in congress to block legislation that restricts gun ownership. >> i would say that the likelihood is that they are not going to be able to get an assault weapons ban through this congress. >> reporter: moderate lawmakers say there is a better chance of passing laws that limit the number of bullets in ammunition magazines and improve background checks. vice president joe biden is meeting with house members today about gun control. the president said he would give details from the gun violence task force sometime later this week. at the white house, danielle nottingham, cbs 5. >>> the 16-year-old who opened fire inside a california high school last week has been charged as an adult. the boy now identified as brian oliver facing attempted murder charges. on thursday, police
CNBC
Jan 14, 2013 6:00am EST
ceiling is still around. >> easily, though. >> the debt ceiling is still around. you are still dealing with that and, of course, the sequester issue. there are a lot of questions about what happens. we're speccing to run into that debt ceiling sometime between february 15th and march 1st. in the meantime, let's talk about corporate news. aig is suiciding maiden lane over lawsuit rights. it's the federal vehicle created during aig's bailout. at issue is whether the insurer transferred its rights to sue for losses that it incurred on its troubled bonds when it sold $2 billion in securities to the fed in 20308. aig is preserving its right to sue the federal government and other debts. >> fed chairman ben bernanke is going to speak and answer questions at the university of michigan. in d.c., president obama is said to be forging ahead on a wide ranging plan to overhaul the immigration plan this year. this includes a path to citizenship for illegal immigrants already in the country. immigrants would have to pay fines and back taxes. it would require businesses to veri verify employees in the country legally. the president will lay out his ann
MSNBC
Jan 14, 2013 7:00am PST
government shutdown. other is the debt ceiling. let me ask you again, would you be willing to shut the government down? >> we are going to look at all of these options. you know, there is the option of government shutdown. there is an option of raising the debt ceiling in short-term increments. >> would you be wailing to do that? >> i don't know. i just know that that's one of the things that is being floated, as you've seen in some of the articles. is raising it in short-term inyes increments. there's also the olympiplan of cuts of every $1 of debt limit increase. there are a lot of plans out there. the healthy thing is this. we are having a good discussion on it and the american people are very engaged in it. when i'm out in my district like i was last week and talking to my constituents, they will tell you, they are just -- they're over pay for programs they don't want, programs that have outlived their usefulness with money that we do not have. >> but with are they willing to see the government shut down? are you hearing that, congresswoman? >> yes, they are. yes, they are. but
CSPAN
Jan 14, 2013 10:00am EST
proclamation, and he compared the debt ceiling to that. are you considering this? and if not, why not? >> well, chuck, the issue here is whether or not america pays its bills. we are not a dead beat nation. so there is a very simple solution to all of this. congress authorizes us to pay our bills. now, if the house and senate want to give me authority so they do not have to take these tough votes, if they want to put the responsibility on me to raise the debt ceiling, i am happy to take it. mitch mcconnell, the republican leader in the senate, had a proposal like that last year, and i am happy to accept that, but they want to keep the responsibility, they need to go ahead and get it done. there are no magic tricks. there are no loopholes. there are no easy out. this is a matter of congress authorizes spending. they tell me you need to fund the defense department as such and such level. you need to send out social security checks. you need to make sure you are paying to care for the veterans. they lay all of this out for me. because they have the spending power. i am required by law to go ahead and pay the bills. sep
CSPAN
Jan 14, 2013 12:00pm EST
on the other side. democrats do not like voting for the debt ceiling yet you never saw a situation in which democrats suggested that we would go ahead and all that we did not get our way 100%. that's not how it works. >> on the issue of guns, given how typical it will be, impossible, to get any gun- control measure passed through this congress, what are you willing or able to do using the powers of your presidency to act without congress? i would also like to know what you make of these long lines we're seeing at gun shows and gun stores all around the country? even in connecticut, applications are up since the shooting. >> my understanding of the vice- president will provide a range of steps we could take to reduce gun violence. some of them will require legislation. some of them i can accomplish through executive action. i will be reviewing those today. i'm confident there are some steps we can take that do not require legislation within my ability as president. we have the possibility to reduce gun violence and then i'm going to take it. for example, how we gather data on guns that ball into the hands of criminals and how to track it more effectively. there may be some steps we can take administratively. as far as
FOX
Jan 14, 2013 7:00am PST
compared the debt ceiling to that. are you considering a plan-b? and if not, why not? >> well, chuck, the issue here is whether or not america pays its bills. we are not a deadbeat nation and -- there is a very simple solution to this. congress authorizes us to pay our bills. the house and the senate want to give mean the authority so they don't have to take these tough votes, if they want to put the responsibility on me to raise the debt ceil, i'm happy to take it. mitch mcconnell, the republican leader in the senate, had a proposal like that hast year, but in they want to keep -- keep this responsibility -- there are no magickic interests here. there are no loopholes. there are no, you know, easy outs. this is a matter of congress, authorizes spending. they order me to spend -- you need to send out social security checks. you need to make sure that you are paying to care for our veterans. they lay all of this out for me. and because they have the spending power so i'm required to go ahead and pay these bills. >> separately, they also have to authorize a raising of the debt ceiling to make sure tho
FOX News
Jan 14, 2013 3:00pm PST
. charles krauthammer. okay, charles, start with the debt ceiling talk. what you heard from the president. >> the tone was remarkable. he talk about the republicans being suspicious of the social security and medicare by the oldest saw that you could hear. then he added making sure empovrished children get food. that's over the top. he said i love to hang out with a congressional picnic at these people who want to starve america's chirp. interesting ini havation. then he went over and over on the debt ceiling and he must have gone through the same idea 15 times. saying this is about honoring the obligation and paying the bills we have already incured. he raised the debt ceiling on how to depend on the ongoing financial assistance from the foreign country to finance the reckless, fiscal pollty. the point of raising the debt ceiling is to allow to us borrow. he talked about the debt ceiling a dozen times. not once did he use the word "borrow." that means we are going to continue to borrow for every dollar the government spend, only 60 cents of it come from taxes. the rest, 40% is borrowed m
FOX Business
Jan 14, 2013 1:00pm EST
corner. melissa: he keeps bringing this argument on the debt ceiling i think is so false how we racked up the bills and how we're now trying to say we don't want to pay them. who would possibly issue you more credit when you haven't put forward a plan how you're going to spend within your means within the future? american dress will not raise your limit when you can't pay it simply because you want more credit? you need to have a workout plan to deal with your debt before someone will loan you more money. >> i love this nonsense that he is spewing about being, we're not a deadbeat nation. thank you, mr. president. god we're so thrilled to have your blessing on that reality. that kind of nonsenseal talk, nonsenseal, not common senseal talk, is really the stuff that doesn't belong in a white house. it doesn't belong in the discussion. we are a debtor nation. we have been a debtor nation for quite some time. the issue is how to change it. i love the capricious way, if the problem were just about reducing deficits. mr. president, that is exactly what it is about. it is about cutting spending. it is about getting this government under control and its leadership under control i might add as
FOX
Jan 13, 2013 4:00pm PST
obama white house. the president has to deal with the debt ceiling and wants to pass major immigration reform and wants to do something about climate change. has he told you, they told you, how much political capital he is willing to spend on what will be a very tough fight? >> you know, i think that the president has demonstrated tremendous leadership on this issue. i think the country rallied around him. and, his leadership after newtown because he really was a voice for those parents who lost they child... >> chris: he told you... >> and i see from his actions, we hear from the white house, and, we hear from the vice president, that they are going to lay down political capital on this issue. and i think the one thing i would say to this, people like larry and others who say we can't do anything about these issues, is that where there is confirmed background checks or dealing with high capacity magazines which was an issue in newtown, we can take action and to say we should do nothing, doesn't say anything to the parents in newtown who lost those children in that tragedy. >> chris: t
CNN
Jan 14, 2013 1:00pm PST
debt ceiling. this of course does follow that bruising battle the year before last, where he did negotiate on the issue, and the u.s. nearly went to the brink of default. he said that congress has to pay the bills that it's already racked up. >> you don't go out to dinner and then, you know, eat all you want and then leave without paying the check. and if you do, you're breaking the law. and congress should think about it the same way that the american people do. you don't -- now, if congress want, to have a debate about maybe we shouldn't go out to dinner next time, maybe we should go to a more modest restaurant, that's fine. that's the debate that we should have. >> reporter: in this press conference that was called last minute in the east room, president obama said he will negotiate a deal on deficit reduction but not, as he put it, quote, with a gun to the head of the american people. as you know, joe, republicans are saying they're not going to increase the debt ceiling unless they get spending cuts in return. so, it really throws into question, as president obama obviously is trying to disarm them, tr
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